For Sale
$799,000160.3 Acres
For Sale
4 baths • 3,484 sq ft

116 NYS RT 32, Schuylerville, NY 12871 - Saratoga County

Residential
Lakefront
Waterfront
Static Google Map
Property ID 21116530

Fourplex, Multi-Unit (5+) - Schuylerville, NY

This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential. To view the AirBnB listings, search "Farmhouse at Saratoga - H2 - AirBnB" and "Farmhouse at Saratoga - H1 - Vintage - AirBnB" on AirBnB. To view the AirBnB listings, search "Farmhouse at Saratoga - H2 - AirBnB" and "Farmhouse at Saratoga - H1 - Vintage - AirBnB" on AirBnB. The farmhouse spans approximately 3,484 square feet, blending historic charm with modern updates including new plumbing and electrical systems. It is divided into four 1-bed/1-bath units. Two units have been beautifully renovated and are fully active on Airbnb demonstrating strong occupancy during peak summer and off-season periods. The remaining two units are approximately 70% finished, offering a prime opportunity for personal customization or completion to double rental income from the farmhouse. The Mobile Home Park sits on just under 2 acres and is comprised of 6 pads, with five currently occupied and one vacant. One mobile home is owned by the park owner, while the remaining four occupied pads are owned by residents, with an onsite Park Manager residing in the owner's mobile home. Under current ownership, rents have remained unchanged and are significantly below market rates, presenting a clear opportunity for additional income. The park is grandfathered in so can remain as such, or be transitioned to other single or multi-family scenarios. There is a large onsite 1800s barn, approximately 33ft x 60ft, with 3 bays on the main floor and a second-floor loft believed to have been an old 'millhouse.' This unique and versatile structure offers numerous possibilities for traditional horse/ animal sheltering, storage, workshop, arts and craft studio and/or other creative endeavors. This property is extremely unique in that the 740 feet of road frontage and associated land sits inside the Village Extension District which provides opportunity to build multi-family units depending on configuration. The property offers many opportunities to enjoy the vast acreage including approximately 12 acres of tillable farmland, waterfront on the Fish Creek and back country for hiking and/or hunting.

Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Location

Property Video
J

Jerid Meagan

Principles 2019 LLC (DBA Principles Realty Group)
(518) 330-3160

Message

Jerid Meagan

Principles 2019 LLC (DBA Principles Realty Group)